INDUSTRY DEVELOPMENTS Massachusetts Lawmakers in the Massachusetts House of Representatives joined their state Senate counterparts in approving legislation to promote greater diversity in the state's licensed cannabis industry. The bill would direct 20% of the money in the Marijuana Regulation Fund-which gathers the revenue generated by the state's cannabis application and licensing fees, excise tax and industry penalties-into a social equity fund. The fund would help applicants get access to capital via grants and loans, including some that have no interest or are forgivable. Also, Deputy Treasurer Sarah Kim will take the reins of the Cannabis Control Commission while Treasurer Deb Goldberg interviews candidates to take over for the former chair, Steven Hoffman, who resigned in April. Kim leads the Alcoholic Beverages Control Commission and, as general counsel to the Treasury, was part of the effort to implement the 2016 law that legalized marijuana in Massachusetts. hc-companies.com/cannabis HC growing containers are available in a variety of volumes, processing plastics, and thicknesses (round and square) to suit your unique growing needs. Call or visit our website for more information. Round Containers from 1 to 65 gallons! 800-225-7712 | Sign up for our monthly e-newsletter! hc-companies.com/newsletter mjbizdaily.com | July 2022 27https://hc-companies.com/cannabis-containers/